HighTower Announces Turnkey Business Lines to Help Advisors With Move to Independence
The company is now the thirteenth fastest-growing company in the nation, CEO Elliot Weissbluth says.
SEC Enforcement Roundup: Radio Financial Guru Charged
Recent SEC enforcement actions include charges against a California man who tipped off a hedge fund manager with inside information and a radio personality who misled investors about an investing plan.
Asset Allocation Is Overrated in Retirement Plans: Putnam
What factors are most important to the success of defined contribution plan participants?
One Group’s Story
Moving from the brokerage world to independent status is a major decision that shouldn’t be rushed.
FINRA Fee Increases May Raise Sticker Price on Financial Advice
FINRA’s proposed 25% increase in fees on financial service firms may become a reality within the next few months, and it is important that all financial advisors stop and take note of the potential consequences.
Change Is Coming, RIAs. Don’t Get Caught in the Middle
The RIA community will separate in the near future into high-end family advisor models and lower-end, cheaper, technology-driven models. Will you survive?
SEC Enforcement Roundup: $100M Real Estate Ponzi Scheme Busted
Recent SEC actions include shutting down two Ponzi schemes, one that brought in $100 million and another that collected $42 million. A Malaysian advisor was sued for not advising.
Investors ‘Starved’ and Searching for Yield, Fidelity Says
While many Fidelity clients are looking at stocks and bonds, close to 10% plan to put their money “under the mattress,” poll finds.
S&P Capital IQ Signs Partnership Deal With La Francaise AM
The Global Markets Intelligence unit at S&P Capital IQ has partnered with Paris-based La Francaise AM to share global credit expertise and expand their investor-driven businesses.
New Hire Roundup: Morningstar Adds to Fund Research Team
This week in new hires, Morningstar announced six appointments for its fund analyst research team; James Machuga joined Merk Investments; and Philipp Hildebrand was named vice chairman at BlackRock.